Answer:
The answer is 12.9%
Explanation:
This question will be solved using the Dividend Discount Model(DDM).
Po = D1/r - g
Po is the current worth of stocks
D1 is the next dividend paid
r is the rate of return
g is the growth rate
$43 = $2.12/ r - 0.08
43r - 3.44 = 2.12
43r = 5.56
r = 5.56/43
=0.129
Expressed as a percentage:
The required return for Savitz, Inc., is therefore 12.9%
The government regulates anti competitive behavior to promote the welfare of the country's economic system. Before the anti-competitive laws were passed, large monopolies controlled markets and drove up prices and eventually hurt the economy.
Answer:
<h2>In this case,an increase in the price of soybeans by 50% while price of corn remaining constant would cause a leftward or upward shift of his supply curve for corn.</h2>
Explanation:
- Price of any product or good usually has a positive or direct relationship with its market supply as the higher price of any product or good can attract higher prospective revenue for any seller or producer of the concerned product or good.
- Hence, as the product or good price goes up, its market supply by the sellers or producers will also consequently increase.
- Now,in this instance, as the price of the soybean increases by 50%,considering the price of corn to be unchanged, the seller or the farmer in this case will produce more soybean and increase soybean supply in the market attracted by the prospect of getting higher revenue from producing and selling soybeans.
- Therefore,if soybeans production becomes more profitable due to higher market price, the farmer will shift to soybean production from corn cultivation and his supply of corn will fall and soybean will increase.This would cause a leftward or upward shift of his supply curve of corn,considering the price of corn and all other relevant market conditions as unchanged or constant.
Answer:
The depreciation expense for 2018: c. $25,375
Explanation:
Grover Corporation uses the units-of-production depreciation method. Depreciation expense is calculated by the following formula:
Depreciation Expense = [(Cost of asset − Salvage Value )/Life in Number of Units
] x Number of Units Produced = Depreciation Expense per unit x Number of Units Produced
In the company,
Depreciation Expense per mile = ($109,200-$4,200)/120,000= $0.875
The truck was driven 29,000 miles in 2018, so the depreciation expense for 2018: $0.875 x 29,000 = $25,375
The equivalent decimal number to 57/100 is 0.57
